Posted: Feb 09, 2017 3:32 am
Not many nations have estate taxes
https://taxfoundation.org/estate-and-in ... und-world/
And there are numerous ways around it .....dynasties tend to keep it going for many generations ....the richest families in Genoa in the 1400s are still the richest families today ....it's not hard to see the accelerating concentration of wealth.
The problem in the banking community is the abuse of fractional lending.
https://taxfoundation.org/estate-and-in ... und-world/
And there are numerous ways around it .....dynasties tend to keep it going for many generations ....the richest families in Genoa in the 1400s are still the richest families today ....it's not hard to see the accelerating concentration of wealth.
The problem in the banking community is the abuse of fractional lending.